Partnership - Online Test

Test Difficulty Level: Easy

Syllabus of Test

Partnership - When two or more that two persons run a bussiness jointly, they are called "partner" and the deal is known as "partnership", Ratio of Division Gains.

Sample Question from this online test:

Question: P and Q started a business investing Rs.85,000 and Rs.15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?

Option A: 3 : 4

Option B: 3 : 5

Option C: 15 : 23

Option D: None of these.

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